U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Indian Finance Minster Arun Jaitley in its 2017-18 Union Budget targeted fiscal deficit at 3.2 percent of GDP for 2017-18 and 3 percent for 2018-19, rising probability for higher sovereign rating.
This moved come as the government of India (GoI) has been under pressure to reduce its fiscal deficit from the rating agencies like Standard & Poor's which have refused to upgrade India's ratings demanding reduction in government's debt, reported NDTV
Fiscal deficit in the first nine months of 2016-17 is considered to have touched 93.9 percent of the previous Budget target, as compared to 87.9 percent the same period year ago. The fiscal deficit was at INR5.01 lakh crore in April-December of 2016-17 Budget estimates.
As per data released by the Controller General of Accounts (CGA), tax revenue came in at INR7.52 lakh crore, or 71.4 percent of the full-year BE of INR10.54 lakh crore, reported Economictimes.
